We examine how Corporate Social Responsibility (CSR), jointly with influential institutional
ownership (IO), affects firm value around the 2008 global financial crisis. We find that the …

We examine how firms respond to uncertainty around US tax policy changes, namely the
individual level tax rate increases set to take effect on January 1, 2011 and January 1, 2013. …

Purpose This paper examines the relation between political sentiment and future stock price
crash risk. Design/methodology/approach This study employs firm-level political sentiment …

We examine the effect of CEO inside debt on corporate social responsibility (CSR). We
document a positive relation between CEO inside debt and CSR. This positive relation is …

We study how CEO turnover, jointly with product market competition, affects firm leverage
policy. About 18% of public nonfinancial US firms in Compustat experience significant switches …

Purpose The purpose of this paper is to examine how employee satisfaction affects firm
value around the financial crisis. Design/methodology/approach The authors use the 2008 …

We document that diversified firms experience less negative seasoned equity offering (SEO)
announcement returns than focused firms. The relatively better SEO announcement stock …

We empirically examine the influence of CEOs on corporate financial policy. We focus our
analysis on significant changes in financial policy by focusing on firms that change their debt …

This paper investigates how underwriter-issuer matching choices and firm risks affect the
cost of equity issuance. We show that underwriter-issuer matching is not random; it reflects …

We empirically investigate the effect of corporate culture on capital structure policy. This
paper uses CEO replacement to identify change in corporate culture. We focus on firms that …